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medicare cuts and no more limit on how much the government can borrow. and then there's the tax hike on higher-earning americans. republicans aren't buying it. >> there is just no reason why 98% of americans have to see their taxes go up because some members of congress on the republican side want to block the tax rate increases for 2% of the wealthiest americans. >> i'm just flabbergasted. i looked at him and said, you can't be serious. i just have never seen anything like it. >> if they cannot reach a deal by new year's day, nearly every american will end up paying more in taxes. >>> public school students in five states will soon spend a lot more time in the classroom. a new three-year pilot program will be announced today in colorado, connecticut, massachusetts, new york, and tennessee. 20,000 students at those select schools will spend an extra 300 hours per term in class starting next year. it will be up to local districts to decide if school days or school years should be extenzed. >>> very interesting approach there. >>> and a church in boston could soon be seeing a huge infl
" weather brought to you by unite health care. ♪ you yourself and i eligible for medicare, now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an
medicare, but it could be much, much higher. speaking of medicare, this is really interesting. i remember during the election, the republicans talking about we are the protectors of medicare. i can't believe obama wants to cut medicare. you remember all of these statements and ads? >> cut the payments that go to medicare. >> now that you need it, obama has cut $716 billion for medicare. >> medicare for current retirees he's cutting from the program. because of those $716 billion in cuts. >> you're going to see a $716 billion cut to medicare. >> obama is raiding $716 billion from medicare changing the program forever. >> medicare should be the promise it made to our seniors period, end of story. >> barack obama has taken $716 billion from it. it's that simple. >> cenk: that simple! obama's taken $716 from medicare and the republicans are going to protect it, right? after the election, mind you listen to this, entitlement reform means and everybody in washington knows this, the reporting absolutely confirms it. i just want you to be clear on this. it means cutting medicare, medicate and soc
ridiculous with his demands to weaken medicare. one of the architects of obama care dr. zeke emanuel responds tonight. >>> house republicans pass an immigration bill democrats say is divisive and inferior. today, congressman javier on why the latino community won't be fooled. >>> the nation's first fast food strike is a historic protest for workers' rights. tonight, what you need to know about the lowest paid workforce in the country. >>> good to have you with us tonight, folks. thanks for watching. president obama knows his opponent is on the ropes and he's not letting up. the president took his tax plan agenda on the road today. he went to a philadelphia, pennsylvania, toy factory just north of philadelphia to focus on the people who will be hurt if the tax rate extensions are not passed for presidethe 98% o americans. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. every family. everybody here, you'll see your taxes go up on january 1st. i'm assuming that doesn't sound too good to you. that's like the lump of coal you get
[ male announcer ] if you're eligible for medicare, now is a good time to think about your options. are you looking for a plan that really ets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so conder an aarp medicare supplement insurancelan, insured by unitedhealthcare insurance company. like all standardized medicare supplement pns, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able tvisit any doctor or hospital that accepts medicare patient.. plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50
security and medicare. >> eric: leave it there. coming up -- >> bob: we don't have to explain this stuff. >> eric: two lotto winners but what about the celebrities get in trouble. lindsay lohan is in handcuffs again. dajustin bieber is boozing it up. halle berry can't keep it together. we'll have that when we come back. ♪ ♪ ♪ ♪ >> kimberly: sad day on "the five." we have didn't win the lotto. i don't know why. the up side is we all showed up for work today. two winning tickets were sold in arizona and missouri. nobody claimed the prizes yet but when they do, it could be a cash pay-out of $385 million. before taxes. that is almost $200 million apiece. that is the kind of math i like. big winnings. so not so bad. first bit of advice i have is sign the ticket. okay. photograph it. sign it. make sure you have witnesses. bad things can happen. right, dana? >> dana: what could happen? >> kimberly: someone else could take it and sign it. have the winning ticket an sign it and dana perino. people think it's yours. >> dana: that is devious. >> bob: somebody has their phone on here, becaus
out a tough package of spending cuts. for instance raising medicare's eligibility age for the first time in the program's history most likely by two years from 65 to 67 the move would not apply to americans who are close to retirement now. it would be phased in for younger workers such as maggie, a virginia health club manager who just turned 50 last month. >> i think the biggest factor for me is when are you going to retire so you lose your insurance from work and if it goes to 67 you have this two- year gap. what are you going to do? >> reporter: when medicare was created in 1966, the average life expectancy for men was 67 years, today it's 76 and women live on average to 81. one recent study by the kaiser family foundation estimated that shifting medicare eligibility from 65 to 67 would save the federal government $5.7 billion a year. 65 and 66-year-olds would pay an extra $3.7 billion a year to ensure themselves. the employers would pay billions more. >> it would finally bankrupt me. >> reporter: 45-year-old linda shulte is a florida realtor and breast cancer survivor who has st
probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. but i still have a runny nose. [ male announcer ] dayquil doesn't treat that. huh? [ male announcer ] alka-seltzer plus rushes relief to all your worst cold symptoms, plus it relieves your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! >>> flabbergasted. you can't be serious. i've never seen
. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has ove
billion out of medicare in this initial round. to be named later. they are sort of determined not to fall for that again. megyn: it is exactly what happened to ronald reagan. he agreed to a tax hike for spending cuts or come later. he said that the biggest regret of his presidency is that he got the tax hike and he never got the spending cuts. we will see. there is a lot of pressure on the sides, especially on the gop side. tom bevan, thank you so much you think you. megyn: what do you think? some say it is the opening offer. but it's not. we only have 3.5 weeks ago. it is time to get down to business on capitol hill, who is to blame for the situation we are on on capitol hill? balmy on twitter. back in january 2000 and 1, our national debt stood at $5.7 trillion when president bush took office. it seems paltry now. when he left office, the debt was $10.6 trillion. as of this week, $16.3 trillion. the next debt ceiling limit is only about $100 billion away. that is the number we could reach in the next few weeks. democrats are suggesting that that be dealt with in this difficult negotiati
later. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could save you thousands in out-of-pocket costs. to me, relationships matter. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now and request this free decision guide to help you better understand medicare... and which aarp medicare supplement plan might be best for you. there's
for medicare, for example. i'm not sure that that's a trade that they are eager to make immediately. >> let me show you the side by side comparison. the president wants $1.6 trillion in revenue and republicans want to cap the same deductions for the rich but republicans want to change the age to 67 and change the way they calculate social security payments. i wonder, though, when we look at these numbers, are we that far apart in. >> i think they are definitely rather far aare part at this moment in time. yeah, absolutely. >> so there are so many ways that any of this could affect the average tack payer, obviously if taxes go up. but what about funding to states and localities. i know that one of the things that they are concerned about is that when you make cuts, that essentially those cuts are going to come on their budgets. what could happen in a meeting like this between bipartisan governors and the president? >> obviously they will talk about more costs moved to the state. costs are being moved to the states and state budgets and most are not in a position to absorb additional cuts. >> it
with you. that's next [ male announcer ] are you considering a new medicare plan? then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whatever your health coverage needs, unitedhealthcare can help you find the right plan. are you looking for something nice and easy? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. call now to learn more. unitedhealthcare has the information you need so you'll be better prepared when making medicare decisions. maybe you'd just like help paying for your prescriptions. consider a part d prescription drug plan. it may help reduce the cost of your prescription drugs. remember, open enrollment ends friday, december 7th. call unitedhealthcare to learn about medicare plans that may be right for you. call now. jenna: we have this fox news alert that has something to doith iran and something
no details on what deductions they'll limb nature, loopholes they will close or which medicare savings they would achieve. house speaker john boehner inc insists his offer is the best one on the table calling it a credible plan that deserves serious consideration by the white house. jenna: mike emanuel is with us. certainly a challenge to find this ideal plan. what is holding it up. >> reporter: the chairman of the senate budget committee wants a large come proceed hence i have deal in the range of $5 trillion and says a grand bargain can get done if everybody kaoels cool and doesn't overreact to every valley over the net. he this is a camp david-style summit might help things move around. a senate republican told greta van susteren it's time to be honest about retirement benefits. >> you and i need to pay a little more into the system because we can afford it. that is the kind of entitlement reform we need. >> reporter: that gets older americans and their groups all worked up thinking you could be messing with their benefits. jenna: a hot toeupb hot topic, and taxes. it seems they nee
on $400 billion in medicare cuts. so there were some specifics in there. but was it a hardball opening? yeah, of course it was. the question is, what's the counteroffer, right? they're trying to not just provoke a no. they want the counteroffer. and the counteroffer is, what is it? there isn't one. >> it looks like right now it will probably come back now as $800 billion in new revenue, probably higher specific cuts. >> you forget one extra demand, of course, which is ban the debt ceiling piece. that's huge, right? that's, like, unilateral disarmament. we're going to offer you to unilaterally disarm. i like that one, too. because they were sensible. let's face it, the markets would welcome that, right? >> i think the market would welcome a more serious discussion. i was disappointed in the offer. i think you're probably right that this was a negotiating ploy, the beginning of a long perhaps 30-day negotiation, but when you have ceos of the largest companies in the country, the biggest in the world, suggesting that one, they might redomicile to a different country, that they're concerne
and republicans argue massive spending programs like medicare and social security must be dealt with in any kind of deal if you want to bring count deficit today. south carolina senator republican lindsey graham on that right now. >> social security and medicare are $50 trillion under funded combined. we need to adjust the age of retirement slowly but surely for people independent 55. because we are all living longer, you and i need to pay a little more because we can afford it. bill: senator graham saying he want more than anything else to get the country out of debt. and do it in a permanent way. martha: what would it mean with lawmakers fail to strike a deal. according to the tax policy center, 90% of american would see their taxes go up in 2013. and families making between $40,000 and $65,000 a year would have to pay an extra $2,000 to the u.s. government. that's not going to go down well. bill: we are four week away from going over that cliff as of today. what now, you wonder? kevin mccarthy out of california, he's coming up 60 minutes from now. martha: back to this tragic story we talked a
? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare
. there was a surtax in the health care law, supposedly to pay for medicare, but they raised it -- they raided the money out of medicare before it even arrived to pay for the new obamacare spending. it's 0.9% additional medicare tax on wages of high income earners, and it is 3.8% on all unearned income, so capital gains, dividends, rental income, interest, any other unearned income has this new 3.8% surtax, and that's on top of whatever might happen in these fiscal cliff talks. megyn: so that is happening. if you make $200,000 as an individual or 250 as a family, it's happening as of january 1. >> well, looks that way. my parsing of speaker boehner's offer in the fiscal cliff talks is that this is going to happen no matter what. they talked about holding the line -- megyn: no, wait, wait, wait, let me interrupt because i just don't want to confuse the two, because all the taxes are confusing. i'm saying this surtax, this .9 income tax surtax, and then this 3.8% surtax on nearly all capital gains, that is happening irrespective of what happens with the fiscal cliff negotiations? >> almost certa
that there will be a tremendous political consequence on things like cuts to medicare. lori: those cuts, as you know, nearly not enough. the second quarter gdp reading extremely disappointed. let's just call a spade a spade. we know hurricane sandy will shave another point or so off of growth. >> i think it is. that is why despite all of this, what i think of as process, it is a lot of posturing. it is a lot of politicking. people still remain convinced that these guys cannot be serious. they cannot be serious about pushing us off the fiscal cliff because it will have bad responses to republicans. the obama people will be able to say you gave away the ability to keep taxes down on 98% of americans. and for the president, the idea that he would allow the taxes to go up, again, on appetizing for him given that he said he would protect the american middle class. lori: he said the same thing over and over again. how do you see this sorting itself out? >> from purely a political viewpoint, i did not see why anyone would not make a deal. the fear i have is they just kick the can down the road thing and they creat
're eligible for medicare, now is a good time to think about yr options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like alltandardized medicare supplement plans, they cover some ofhat medicare dsn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and pr
if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call today. ♪ jenna: right now the white house and congress have just one month to prevent tax hikes and spending cuts that really could send the economy according to some right back into a recession. we are glad you are with us on this friday, everybody, i'm jenna lee. jon: i'm jon scott. president obama offering his opening bid to avoid the fiscal cliff but it's not going over well at all with republicans. house speaker john boehner saying no progress has been made in negotiations. mike emanuel is live on capitol hill now. what are the republican complaints, mike, and how are they pushing back at the president? >> reporter: senator john john cornyn who is a member of the rupp leadership says he thinks president obama wants to go over the fiscal cliff by proposing higher taxes, no spending cuts and no plans to save entitlements. with president obama going to pennsylvania today, the house republican whip, kevin mccarthy's office put
. no congressional votes to raise for debt ceiling and $400 billion in long-term savings from medicare. republicans, conservatives oh, they're we side be side themselves. >> the proposal delivered by secretary geithner was not a serious proposal. >> it was not a serious proposal. >> we got to get serious here. >> serious decisions. >> say it isn't so, mr. speaker. >> serious matter. we're being serious. this is not a serious offer. >> this is an insulting deal. >> this is not a game. >> i'm not trying to make this difficult. >> that offer yesterday was simply not serious. we're not going to increase tax rates. >> and that's just the way it is. >> cenk: i love that. >> seriously. >> cenk: yes seriously--everybody get serious. our position is not changing at all. i can't believe that other guy who won't change his position. >> and also we don't remember that we just lost an election. it's the house of representatives because they kept the house. they think they won the election. they're not paying taken attention to the president. >> they are the tie-off. i like the ties. >> this is a push back. this
that mean in terms of increasing taxes and cutting medicare. to those are some of the issues being hammered out today. >> kristen, thank you so much. so as we said, it is tim geithner's day on the hill. is this a sign that talks are being accelerating or hitting stumbling blocks? joining me now senator kent conrad. sir, great to have you here. we showed the headline at the top of the show, from politico, the fiscal framework emerging. are the contours of the deal really taking shape? you heard kristen welker saying the description of that phone conversation may not have been so curt as originally quoted. >> truth is, i don't know. because i've not been involved in those direct discussions. what i did know is in talking to colleagues, democrats and republicans, there is a growing sense that this has to be done, needs to be done in the national interests and that it will get done. so i'm encouraged by what i'm hearing in terms of the tone of comments from my colleagueses. >> so you talk about the tone of colleagues from the left, but also on the right, tom cole took heat from john boehner and
again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. so now's the time. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> we should not be sitting around twiddling our thumbs. the clock is running. we face a fiscal cliff. there are some in this chamber who have said, oh, we need to go off of it. we'll go off of it. we'll pay the price and then we'll finally sit down and do what's right. i would
when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. let's see if we can get the same item at walmart for less? okay. fijit friends. fifteen bucks on rollback. wow! that's a savings of over 29 bucks! twenty-nine bucks!!?? and they're powered by friendship. see for yourself if you
is on medicare, and wherehe spinning cuts are come in. ive is conceding that in some fashion taxes are going up for a big chunk of the group that you talk about. neil: a lot of your colleagues, tom, have said, whatever will affect your business and dividend, and bank stocks and other issues, a deal, is better than no deal, even if eschewed a little bit toward taxes than spending cut its beats reaching the e of the year without a deal, do a agree? >> it is better than going off the financial cliff. but you know, certainty on a dad biel is not good for -- on a bad deal is not good for the american economy. we had a good first quarter, reasonably good second quarter, third quarter, driven with this uncertainty with rpect to the election and financial cliff, and the economy ground to a halt, we have a backlog of economic development project in the southeast, 300 projects representing $15illion of investme, 45,000 jobs, good paying jobs. those -- >> does that evaporate if dividend taxes go up? >> if we go off the financial cliff, most economists predict another economy growth, there is no reason to
work on other details such as spending cuts and changes to the tax code, medicare and medicaid. >> he's out there campaigning for his position. i get it. we understand it. at the end of the day he has to lead on this issue. >> reporter: some republican lawmakers have said they are willing to compromise on the tax issue. oklahoma representative tom cole said the gop should sign off on the middle class extension. but house speaker john boehner isn't ready to budge yet. >> it will hurt small businesses, hurt our economy. it's why this is not the right approach. >> reporter: on capitol hill on wednesday, erskine bowles met with both sides. he's the co-chair of the committee that drew up a plan to cut the federal debt. >> i'm hopeful but don't put me down anywhere near optimistic category. we got a long way to go and very few days to get it done. >> reporter: and some signs of compromise from the democrats. the house democratic leader nancy pelosi is giving some hints her party may be willing to consider some of those offers made between the president and speaker boehner during last year's
. this is the pursuit of perfection. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. >> welcome back. a cabinet shake-up. new reports that president obama is closer to naming new members among the decisions, is who will replace secretary of state hillary clinton. will it be u.n. ambassador susan rice or john kerry? >> well, for d
of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage save money, or both. and check out the preventive benefits you get after the health care law. ♪ ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. living with moderate to severe rheumatoid arthritis means living with pain. it could also mean living with joint damage. help relieve the pain and stop the damage with humira, adalimumab. for many adults with moderate to severe ra humira is clinically proven to help relieve pain and stop joint damage. so you can treat more than just the pain. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if yo
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found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could save you thousands in out-of-pocket costs. to me, relationships matter. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now and request this free decision guide to help you better understand medicare... and which aarp medicare supplement plan might be best for you. there's a wide range to choose from. we love to travel -- and there's s
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that are coming at us is social security and medicare and the new health care law. >> reporter: now house democratic leader nancy pelosi is calling the speakers to bring the tax to the floor by tuesday or she will try to force a vote. boehner is not likely to buckle under pressure so it seems like a standoff. >> gregg: sfuaf. what a surprise? they want to resolve this fiscal crisis or lack in his real compromise. john boehner is leading an attack on the lack of progress. >> there is a stalemate. let's not kid ourselves. it was not a serious proposal. so right now we're almost nowhere. >> gregg: almost nowhere. how about that? staff writer for roll call joins us live. the president promised a balanced plan, a balanced approach. he must have said eight thousand times. then he finally puts out his offer, it's a plan that doubled the tax hikes that he campaigned on and it adds about $150 billion more, not less to the deficit in and new spending. to republicans with that kind of equivalent of lucy and the football and they are laying flat on their backs? >> republicans scoffed at this first fo
of the actual national debt. neil: you're right. unfunded liabilities and medicare, medicaid. >> medicare, medicaid, neil: you only boom your way out of that, right? governor davis, what do you see now that could boom us out of this? because that's the really only way. you can only cut so much, i don't know. there is a lot more roommto cut i think but you're closer to this an than i am. in order to help thing according to governor wilson's point you need to grow. i don't see any prescriptions in this state or for that matter in washington that hints of a growth strategy. >> well, first of all let's give credit where credit is due. i think you hinted at this, neil. california cut $11 billion out of its budget. $25 billion. governor cut 11 doll billion. he raised taxes 6 billion. he didn't go to voters without doing everything he could to make pension reform changes or substantial cuts. i'm not sure that happened in washington. i do not believe this is open door policy and every tax will be passed. people said this is one-time important event. cutting universities in particular will threate
in savings over a decade. that includes raging the eligibility age for medicare from 65 to 67. and lowering cost of living increases for social security benefits. they also propose overhauling the tax code to generate $800 billion in new revenue. but without raising taxes on the wealthy. in a letter to the president, leading republicans compared their plan to one erskine bowles drew up last year. >> not even close. >> he rejected that connection and the white house, of course, is hitting the road. we'll get to that in a moment. but here's my question. i've been watching the coverage of this and reading it. and there's a lot of liberals who were like, he won, ha, ha, they're so arrogant about it, it's hard to like them. because it's just not attractive. but he did -- >> yeah, he won. >> and he is going to the american people with this. and why can't the starting point of these negotiations be about the tax rates and go from there. why are we at square one? and why is this on the president at this point? since he won. i understand the first four years being kind of bruising. >> right. >> but
. they would cut medicare. they would cut $600 -- medicare meaning they would raise the age eligibility from 65 to 67. they would cut $600 billion in unspecified cuts. they'll cut spending. they don't tell us where. but it's not defense spending. those are social programs. they would cut another $800 billion or raise $800 billion in revenues they say by closing loopholes and getting rid of deductions. but again they don't tell where. what loopholes they would close. is it the mortgage interest deduction? we don't know. they do not specify. so again it is a lot -- it is filled with vague promises but here's the big difference. notice what is not included and what they say they will not do. they will not raise tax rates. they will not raise taxes on the top wealthiest 2% of americans. they say no way. no how will that be included. they're dead wrong. they're wasting time. when i saw that proposal yesterday, to coin a word, you know what my reaction was? i was flabbergasted! oh, my god. i was flabbergasted. >> thank you
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in marginal tax rates. and it would change eligibility for medicare and social security over the longer term. bob corker is from tennessee and joins us now from capitol hill. senator, welcome, and first of all, we heard late today that there was a phone conversation between the president and speaker boehner. have you heard anything about that? >> no, i haven't. i've been in multiple conversations today about this. but i've been in a meeting until right now for the last two hours. so i have not been aware of the phone conversation. sphwhrood well, we not hearing any reports other than the fact the call took place, but the fact that it took place, is that good news? >> oh, i don't know, judy. i think there are a the love discussions about what is the best way to get the type of entitlement reforms that everyone knows needs to take place, both republicans and democrats. judy, i have been in i don't know how many meetings in the last two years where there is a lot of commonality around the issue. as you know, the president has been, you know, sort of a-- not to be pejorative, but sort of a one-t
's what you'd get from entitlement reform. from reforming medicare, and doing some cuts there under this plan. but compare it to the white house plan, very different than what's on the table there. $1.6 trillion in new taxes. that is two times the amount in the boehner plan, and also, of course, includes increasing those income tax rates for the wealthy. $400 billion to medicare and other entitlements, that's $ 00 billion less than in the speaker's counteroffer and this would force congress to give up its debt limit vote which is a nonstarter for house republicans. the white house saying that boehner counteroffer is nothing new, that it lacks specifics. but i will tell you, zoraida, that one house democratic aid telling cnn that it passed the laugh test. so certainly i guess it could have been worse in some estimations by democrats. >> i suspect some people were laughing. brianna keilar live at the white house for us, thank you. in the next half hour, we'll talk about the prospect for a fiscal cliff deal with california's democratic congressman xavier becerra. >>> the rain and flood
-priced medicare prescription drug plan. with a low $18.50 monthly plan premium, select generic hypertension drugs for only a penny and in-store copays as low as one dollar on other generic drugs after deductible, saving on your medicare prescriptions is easy. so you're free to focus on the things that really matter. call humana at 1-800-808-4003. or go to walmart.com for details. >>> welcome back to "weekends with alex witt." at the half hour now, much of northern california is taking cover from a storm that's dropping intense rain, flooding, mud slides all a concern across the golden state. but on the east coast, eerie fog greeted them. this is the view from times square. dylan dreyer is here with more details. >> we were talking about record-breaking high temperatures in the middle. so things are all over the place. and the main focus is what is going on across northern california. the good news is the heaviest of the rain that we saw is starting to push east. even tomorrow in san francisco, we'll see some sunshine before another round of heavy rain moves in tuesday night into wednesday morning
but no inflation to adjustments. republicans also want to raise the eligibility age for medicare. the white house does not. there are other differences. nothing matters more to the white house than breaking gop resistance to higher taxes on the wealthy. >> the president certainly has principles here that he intends to stick to which is that he will not sign an extension of the bush era tax cuts for the top 2%. >> erskine bowles said as big as the divide appears, despair is premature. >> that is just like a movie theater you go through each one of these. to get a deal done i am positive you will have to have increased tax rates on the top 2%. i'm also sure that the cuts that the president put on the table for health care entitlements will not be sufficient to get the deal done. >> reporter: republicans said many of their ideas reflected ideas put forward first by erskine bowles, but mr. bowles quickly put out a statement denying that, giving the white house an opportunity to gloat and question the republican seriousness in all of this. here at the white house, th
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